Using the Following Information Compute the Direct Materials Used A) $1760000

question 28

Multiple Choice

Using the following information compute the direct materials used. $\begin{array}{lll}\text { Raw materials inventory, January 1 } & \$ 20,000 \\\text { Raw materials inventory, December 31 } & 40,000 \\\text { Work in process, January 1 } & 18,000 \\\text { Work in process, December 31 } & 12,000 \\\text { Finished goods, January 1 } & 40,000 \\\text { Finished goods, December 31 } & 32,000\\\text { Raw materials purchases } & 1,700,000 \\\text { Direct labor } & 760,000 \\\text { Factory utilities } & 150,000 \\\text { Indirect labor } & 50,000 \\\text { Factory depreciation } & 400,000 \\\text { Operating expenses } & 420,000\end{array}$

• A) $1760000.
• B) $1720000.
• C) $1700000.
• D) $1680000.

---

Definitions:

Ethnoarchaeology

An approach in archaeology that studies contemporary cultures to understand how human behavior is translated into archaeological remains.

Prehistory

The period of human history before the existence of written records, often studied through archaeology, anthropology, and genetic analysis.

Written Record

pertains to documentation of information, events, ideas, and cultures preserved in written or printed form.

Garbage Project

An archaeological project that studies modern refuse to understand consumption patterns, waste management, and social behaviors of contemporary society.